Question: What does it mean when the MLS Status says TNAS?

Q: We clicked back on the link you sent us today, and the house we like changed status to TNAS. What does TNAS mean?

A: The live link to the MLS changes as the Listing Broker makes changes to the listing data online. The status change to TNAS means the property is now Temporarily Not Available for Showings.

This could be for any number of reasons. They may have had a maintenance issue they are taking care of, or the owner (a bank) may have discovered a title problem, but sometimes they take a listing out of inventory to package it with other homes for auction. An investment portfolio of sorts.

I will talk to the Listing Broker and check on the specific reason it is TNAS. It may come available again and it may be gone/sold, and you may want to focus on other properties. I find this happening quite a bit and you will too. A Buyer is looking at homes in a specific area and price range and they look at 12 homes. They pick the best one, only to find another Buyer has written an offer, on the same home.

Why does this happen repeatedly. Simple, the Buyers in that price range are all looking at the same 12 homes, and picking out the best value, and people generally like the same things. So, everyone who looks at those 12 homes is likely to focus on the same one or two, that represent the best value. The message here is, if you like it, trust your own judgement and buy it!

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Steve, We don't have that category, but could use it. We've had agents get torqued when they try to set an appointment and our sellers have decided to take a long weekend and decline all showings. This category would really fit for those situations.

Cameron: It sounds like your MLS has a slightly different method than our. When we have a listing that is sold subject to_______, we have a highlighted bar that appears across the listing, which reads Sold Contingent upon__________. That contingency could be 3rd party approval(short sale), or Inspection, etc.

Dan: Here we need a signature to withdraw or cancel.

Bliz: It has come in handy with all of the REO and Short Sale scenarios we have had to handle. Every day is a new and exciting adventure:)

Steve, I have my prospective home buyers pretty much the same thing, I will not push for them to purchase any home, but if they see one they really like, they need to be prepared to put in an offer pretty fast because if they like it that much someone else will too.

TNAS status has been very helpful, especially before the MLS implemented the "contingency marker". We used to make calls and ask if there were offers on properties of interest.

It amazes me how many times buyers assume that just because a listing has been on the market for a year, no one is considering it at the same time they are, and they are upset when someone makes an offer before they do, or they end up in a multiple offer situation.

Marzena, You are so right. TNAS has been a great tool, along with 3rd Party Contingency,especially on the Bank Owned and Short Sale properties, of which there are so many! My biggest problem before this change in our MLS system was with REO Agents, and banks that approved sales, but lagged behind on the paperwork. I tried to get those agents to use Book-a-Showing as a post-it-note system for conveying the status, but many were unwilling to assume that responsibility:)

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